CLAR CEO William Tay lifts direct stake to 1.1 million units

His holdings represent about 0.024% of the REIT’s total issued units.

CapitaLand Ascendas REIT CEO William Tay Wee Leong received 171,013 units under the REIT’s incentive schemes, increasing his direct holdings from 927,940 units to 1,098,953 units.

Following the transaction, Tay’s holdings represent about 0.024% of the REIT’s total issued units.

The units were received under the CapitaLand Ascendas REIT Management Limited Performance Unit Plan and Restricted Unit Plan.

In a separate disclosure, 145,407 awards under the Performance Unit Plan vested, with the release made partly in the form of units and partly in cash.

Following the vesting, Tay’s remaining rights and awards under the incentive schemes declined from 455,792 to 287,183.

Follow the link for more news on

CapitaLand

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia